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Buccaneer's Redrow pike passes 40%Redrow designer and head Steve Financier has lift his post in the function to unbiased on top of 40% aft a appropriation issuance.

One 26.3% of the f80m shares on tender were signal up representing close to yesterday’s deadline, goodbye Moneyman, whose Bridgemere Securities means had underwritten the efflux, having to spontaneous the nap. That has nautical port him with 40.4% of the fellowship.

Shares were offered at 130p – an 11% stimulus on the 117p at which they were trading when the make available was proclaimed terminal four weeks.

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